NOT LISTED FOR SALE

1126 Gainey Dr Melbourne, FL 32901

Estimated Value: $169,000 - $272,000

4 Beds
2.5 Baths
1,632 Sq Ft
$129/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $60,000 $37 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $1,111/month

11 Days on Market

Highlights

  • No HOA
  • East Facing Home
  • Concrete Flooring
  • 1-Story Property

About This Home

As of November 2019

Calling All Investors, Handymen And First Time Flippers. This One Needs Some Work But Has Good Bones. Make an Appointment to see this one today,

Last Agent to Sell the Property

Frederick Minter

ResiHome, LLC License #3271739 Listed on: 09/09/2019

ResiHome, LLC

Last Buyer's Agent

Merry Morris

Coldwell Banker Realty License #523347

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 1957

Lot Details

  • 6,098 Sq Ft Lot
  • East Facing Home

Home Design

  • Fixer Upper
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Meadowlane Elementary School
  • Stone Middle School
  • Melbourne High School

Community Details

  • No Home Owners Association
  • Gramling Park Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-11-28-0000c.0-0009.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,315

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Gramling Park Subd
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 28-37-11-28-0000c.0-0009.00
  • Location Tax and Legal Elementary School: Meadowlane
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 1314.81
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 1632.0
  • General Property Information Building Area Total3: 1632.0
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Lot Size Square Feet2: 6098.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Carport YN2: No
  • Flooring Concrete: Yes
  • Property Condition Fixer: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Concrete
  • Appliances: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances:None: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • General Property Information:Garage YN: No
  • Parking Features:Other26: Yes

Utilities

  • Utilities: Other

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-11-28-0000c.0-0009.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1314.81

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Oct 28, 2019
Sold by
U S Bank Trust N A
Bought by
Macedonia Cmnty Dev Corp Of South Brevar
Seller's Agent
Frederick Minter
ResiHome, LLC
Buyer's Agent
Merry Morris
Coldwell Banker Realty
List Price
$80,000
Sold Price
$60,000
Premium/Discount to List
-$20,000
-25%
Current Estimated Value
$210,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,499
Avg. Annual Appreciation
22.52%

Purchase Details

Closed on
May 3, 2019
Sold by
Gordon Shenetta and Gordon Shenetta
Bought by
Lsf10 Master Participation Trust

Purchase Details

Closed on
Aug 1, 2016
Bought by
Hampton Fennie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Macedonia Cmnty Dev Corp Of South Brevar $60,000 Traditions T&E Llc
Lsf10 Master Participation Trust -- Attorney
Hampton Fennie -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2019 11/01/19 Sold $60,000 -25.0% $37 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $80,000 -- $49 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $117 $114,260 -- --
2024 $110 $123,780 -- --
2023 $110 $119,640 -- --
2022 $106 $101,590 $0 $0
2021 $1,416 $73,010 $9,000 $64,010
2020 $1,388 $71,010 $9,000 $62,010
2019 $1,392 $70,690 $7,500 $63,190
2018 $1,315 $66,600 $6,000 $60,600
2017 $1,205 $55,900 $4,500 $51,400
2016 $246 $31,950 $3,720 $28,230
2015 $246 $31,730 $2,160 $29,570
2014 $239 $31,480 $1,350 $30,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 854998

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-11-28-0000C.0-0009.00